Goal: The fund is designed for investors expecting to retire around the year indicated in the fund name. The fund seeks high total return until its target retirement date. Thereafter, the fund's objective will be to seek high current income and, as a secondary objective, capital apprecia- tion.

What it invests in: Each Freedom fund invests in a diversified portfolio of Fidelity mutual funds. Each fund's overall asset allocation strategy is based on the number of years until its target retirement date, and the strategy gradually becomes more conservative as each fund approach- es its target date. After reaching the target retirement date, the fund continues to be managed more conservatively for 10-15 more years, until the asset mix is approximately the same as that of the Fidelity Freedom Income Fund. Ultimately, it is expected that the fund will merge into the Freedom Income Fund. Fidelity Freedom 2010 Fund invests approximately 40% in domestic equity funds, 10% in international equity funds, 40% in bond funds, and 11% in short-term investment mutual funds. The fund's current and/or projected target asset allocation per- centages are also available in the fund's fact sheet, prospectus, and annual and semiannual reports. The fund's manager selects underlying funds from those named in the fund's prospectus. Each underlying Fidelity mutual fund is separately managed by its applicable portfolio man- ager(s) in accordance with its own investment objective and, depending on that objective, may invest in domestic and foreign equities, invest-

asset allocation changes. The fund is subject to the volatility of the financial markets, including that of equity and fixed-income investments in the U.S. and abroad, and may be subject to risks associated with investing in high-yield, small-cap and foreign securities. Principal invested is not guaranteed at any time, including at or after the fund's target date.

Who might want to invest:

Someone who wants a simple approach for choosing retirement investment options. Someone who wants a long-term investment strategy that changes over time as his or her target retirement date approaches. Someone who wishes to take advantage of a diversified portfolio of actively managed Fidelity funds.

Someone who feels comfortable with the risk of stock mutual funds when further from retirement and a greater concentration of bond and short-term mutual funds when closer to or in retirement.

Strategic Advisers, Inc., a subsidiary of FMR LLC, manages the Fidelity Freedom Funds®. The percentages represent anticipated target asset allocation at September 30, 2009. Total allocations may sometimes be over or under 100% due to rounding. The investment risk of each Fidelity Freedom Fund changes over time as the fund's asset allocation changes. The funds are subject to the volatility of the financial mar- kets, including that of equity and fixed-income investments in the U.S. and abroad, and may be subject to risks associated with investing in high-yield, small-cap and foreign securities. Principal invested is not guaranteed at any time, including at or after the funds' target dates.

Goal: The fund is designed for investors expecting to retire around the year indicated in the fund name. The fund seeks high total return until its target retirement date. Thereafter, the fund's objective will be to seek high current income and, as a secondary objective, capital apprecia- tion.

What it invests in: Each Freedom fund invests in a diversified portfolio of Fidelity mutual funds.

Each fund's overall asset allocation strategy

is based on the number of years until its target retirement date, and the strategy gradually becomes more conservative as each fund approach- es its target date. After reaching the target retirement date, the fund continues to be managed more conservatively for 10-15 more years, until the asset mix is approximately the same as that of the Fidelity Freedom Income Fund. Ultimately, it is expected that the fund will merge into the Freedom Income Fund. Fidelity Freedom 2015 Fund invests approximately 42% in domestic equity funds, 10% in international equity funds, 39% in bond funds, and 9% in short-term investment mutual funds. The fund's current and/or projected target asset allocation percent-

ages are also available in the fund's fact sheet, prospectus, and annual and semiannual reports. The fund's manager selects underlying funds

from those named in the fund's prospectus.

Each underlying Fidelity mutual fund is separately managed by its applicable portfolio manager(s)

in accordance with its own investment objective and, depending on that objective, may invest in domestic and foreign equities, investment-

asset allocation changes. The fund is subject to the volatility of the financial markets, including that of equity and fixed-income investments in the U.S. and abroad, and may be subject to risks associated with investing in high-yield, small-cap and foreign securities. Principal invested is not guaranteed at any time, including at or after the fund's target date.

Investment Options

For more information, visit www.fidelity.com/atwork or call 1-800-343-0860.